People Moves

EXCLUSIVE: Major European Bank Continues Senior Wealth Hires In Asia With NRI Leadership Role

Tom Burroughes Group Editor 25 September 2015

EXCLUSIVE: Major European Bank Continues Senior Wealth Hires In Asia With NRI Leadership Role

Here is another exclusive story of a top-level appointment in the Asia-Pacific wealth management market.

BNP Paribas Wealth Management has hired Sanjay Shah from JP Morgan Private Bank as team head and senior banker for the Hong Kong-based non-resident Indian team at the French banking group, this publication can exclusively report.

Shah joined the Paris-listed lender in early September and reports to Masroor Batin, who is head of NRI clients.

As part of his role, Shah is responsible for further growing BNP Paribas’ NRI business in Hong Kong and leads a team of relationship managers specifically serving this client segment.

Last week, this publication revealed that BNP Paribas hired UBS director Jonathan Ng as head of Indonesia. Ng previously held responsibility for the Swiss bank's ultra-high net worth clients in Indonesia. In the newly-created role at BNP Paribas, he is based in Singapore. He joined with Sharon Yee, also from UBS, who has been appointed team leader, also based in Singapore.

Other recent appointments at BNP Paribas Wealth Management include that of Harjeet Singh as managing director, team head and senior banker for non-resident Indian clients in Singapore and Southeast Asia.

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